CAP Definition

Bookmark and Share

CAP is a series of European interest rate call options used to protect against rate moves above a set strike level.

Learn new Accounting Terms

EXCEPT FOR is a qualified opinion. An auditor can qualify the audit opinion for both departures from U.S. GAAP in the financial statements and restrictions on the scope of the audit. The opinion paragraph of the qualified report is worded "In our opinion, except for..."

BUSINESS SEGMENT is a component of an enterprise that (a) provides a single product or service or a group of related products and services and (b) that is subject to risks and returns that are different from those of other business segments.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.